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kings infra ventures ltd (KIVL) Details

Kings Infra Ventures Limited is engaged in the land banking and development of infrastructure for projects in India. It is involved in creating infrastructure for projects primarily in the sectors of integrated life spaces, logistics, warehousing, hospitality, healthcare, education, and clean energy. The company was formerly known as Victory Aqua Farm Ltd. and changed its name to Kings Infra Ventures Limited in 2007. Kings Infra Ventures Limited was founded in 1987 and is based in Bengaluru, India.

kings infra ventures ltd (KIVL) Key Developments

Kings Infra Ventures Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported total income from operations (net) of INR 10.838 million compared to INR 2.307 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2.035 million compared to profit from operations before other income, finance costs and exceptional items of INR 1.087 million a year ago. Loss from ordinary activities before tax was INR 2.602 million compared to profit from ordinary activities before tax of INR 1.013 million a year ago. Net loss for the period was INR 2.561 million or INR 0.83 per basic and diluted share, compared to net profit for the period of INR 1.015 million or INR 0.33 per basic and diluted share, a year ago.
For the year to date, the company reported total income from operations (net) of INR 15.404 million compared to INR 2.890 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 3.299 million compared to INR 2.089 million a year ago. Loss from ordinary activities before tax was INR 4.423 million compared to INR 2.174 million a year ago. Net loss for the period was INR 4.349 million or INR 1.41 per basic and diluted share, compared to net loss for the period of INR 2.17 million or INR 0.70 per basic and diluted share, a year ago.

Kings Infra Ventures Ltd. announced that the meeting of the board of directors of the company held on November 13, 2014, had decided the appointment of Mrs. Rita Shaji John as an additional director with effect from November 13, 2014.

Kings Infra Ventures Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Nov 13 14

Kings Infra Ventures Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, net sales /income from operations was INR 0.381 million. Loss from operations before other income finance cost and exceptional items was INR 1.555 million compared to INR 2.043 million a year ago. Profit from ordinary activities before tax was INR 1.872 million against INR 2.047 million a year ago. Net profit was INR 1.870 million or INR 0.60 per basic and diluted share before and after extraordinary items compared to INR 2.045 million or INR 0.66 per basic and diluted share before and after extraordinary items a year ago.
For the six months, net sales /income from operations was INR 4.566 million. Loss from operations before other income finance cost and exceptional items was INR 1.264 million compared to INR 3.176 million a year ago. Profit from ordinary activities before tax was INR 1.822 million against INR 3.187 million a year ago. Net profit was INR 1.789 million or INR 0.58 per basic and diluted share before and after extraordinary items compared to INR 3.185 million or INR 1.03 per basic and diluted share before and after extraordinary items a year ago.

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